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in the fields of engineering, science, and math -- you dig, the numbers are fairly is stunning. -- fairly stunning. roughly 44% of graduates are in those skills. europe is at 24%. i say this respectfully, and i know we are on c-span. when the your pants -- the europeans are outpacing us, in these key fields that will drive innovation, then you know we are in trouble. i would correct one comment. there have been at some of us, chris coons and marco rubio, we have put forward legislation long before the election that said, let's look at this talent competition issue. let's put forward an approach that many of us, those of us that have been from the business world, have been talking about for decades. let's recognize that while we need to do more to prime the pump in terms of science and engineering or math graduates, native-born americans, particularly focusing on losing the numbers in middle school where girls and children of college had enormous challenges, that is something we will have to come back to. we also have to continue to attract talent from around the world. one of the ways tha
, isaacson says, by standing at the crossroads of science and the humanities, connecting creativity with technology, and combining leaps of imagination with feats of engineering to produce new devices that consumers hadn't even thought of. >> thank you for coming. we're gonna make some history together today. >> if you had to pick a day where it all came together, january 9, 2007, is not a bad one. jobs is in san francisco at the macworld conference in full pitchman mode as he unveils his latest product to the faithful. >> these are not three separate devices. this is one device. [cheers and applause] and we are calling it iphone. >> it is not only a remarkable achievement but a validation of everything that jobs believed in: if you made and controlled all of your own hardware and all of your own software, you could integrate all of your products and all of your content seamlessly into one digital hub. and no one but steve jobs had thought of it. >> this is something microsoft couldn't do 'cause it made software but not the hardware. it's something sony couldn't do 'cause it made a
is what about the science shows it is. but he's doing this interesting thing where he's claiming to say the same thing that obama said about this. what obama was asked about was how do you explain to your daughters that you know, you're a christian. christianity said it took six days for the earth to be created. how do you explain that to your daughters. obama went on a theological question, we don't know how long six days is. i believe in the science obama has said millions of times, we should teach geology and evolution in science class and if you want to teach intelligent design and other theories, do it in religion class. and the important part with rubio is while he does seem to be tempering his first line now with mike allen yesterday after he got a lot of criticism for it he still believes fundamentally that you should teach creationism alongside evolution in classes. that's really where this comes from. his history when he was in florida as a state house speaker was a huge fight over evolution education in
learning to bubble in a multiple choice response. it is not literature, science, innovation, or creativity. it is not innovation. we need rigor and imagination. you need both. you have the left hand and the right hand. we have to combine those things. in california, we create innovation by ab32, but the only state with the cap and trade program, we create it by cutting regulation. i had to fire two incumbent people in our division of conservation. there were blocking oil exploration. i fired them and the oil permits for drilling went up 18%. we have to work on many levels. we're promoting efficiency. we're promoting and renewable energy and climate change -- i take courage change very seriously. we have got to do with it and there is a lot of resistance. but we deal with that through enlightened government policies, feedback, and changing them when we find they do not work. and encouraging the private sector where the ideas come up. i do not think -- steve jobs working in his career came up with stuff. i did not know that steve jobs was working in that group on the computer. we want to hav
. >> there is no evidence anywhere in science or any kind of research any legitimate research that nudity harms anybody. >> it's a very narrow piece of legislation having to do with our limited public spaces and public transportation. >> mayor ed lee is expected to sign the ordnance that will take effect in february. the legislation does exempt nudity at private beaches and special events. >>> san francisco police are investigating a deadly shooting in the city's is hayes valley neighborhood. they found a man who had been shot once in the torso and once in the leg. the victim was rushed to the hospital where he later died. so far no arrests have been made. >>> the former commander of an elite contra costa drug task force is expected to plead guilty today. under the terms of a deal norman welch is expected to plead guilty to five charges in exchange for a lighter sentence. those charges include stealing marijuana and methamphetamines, falsely arresting a suspected drug dealer and stealing cash and cell phones from prostitutes. the plea deal calls for welch to search for ten years in prison when he is se
family and friends, everything that you love all in the name of science. >>> "newsroom" starts now. >>> good morning. thank you so much for being with me. i'm carol costello. this should be interesting. speaker john boehner meets this morning with house republicans who are angry at his new pitch to raise $800 billion in tax revenue in the fiscal cliff negotiations. president obama has said there will be no deal unless taxes are raised on the wealthiest americ americans. but staunch conservatives don't want any kind of new taxes. that's where speaker boehner's job gets really tough. on piers morgan tonight newt gingrich said if all else fails, go over the cliff. >> i think that no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two years to an even bigger cliff. i think that the president clearly has staked out a position of nonseriousness. and i think that it's very difficult for the house republicans right now to find any practical way to get his attention. so, he just won an election. he is feeling very goo
isn't rocket science. it's just common sense. from td ameritre. >> i have your fox business brief. manufacturing activity unexpectedly contracted last month falling to its lowest level in three years. it fell to 49.5. larger than expected drop. on the flip side, you as builders boosted their construction spending in october by their largest about sids may. it rose nearly 1.5. morningstar foods unit is being sold for $1.5 billion. the deal will help boost its presence in the u.s. it operates and manufacturing facilities in nine states. that is the latest from the fox business network. giving you the power to prosper. ♪ lori: microsoft hoping to take a bite out of apple's ipad business. more than customers can swallow. connell: shibani joshi has more of that in the newsroom. >> some of the key features, there was one piece of information we did not know until just recently. that is probably the most important piece of information. that is the price tag. whether or not the company shot itself in the foot even before the 64 gigabyte is 899.vices. the workhorse device is 999. just to
of students. computer science class saw a man on a rampage take out a teacher. that teacher saved lives in the very last moments of his life. >> and neighborhoods evacuated. people forced to wait out a toxic situation after a train derailment sends hazardous chim -- chemicals in the air and ground. a new theory of what led to a chain of rail cars jumping off of the track. take a look. um... uh... um... hm... umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professio
. they produce products that and for public opinion, she policies, and advanced science, engineering, and madison. that question is complicated, and nrc leaders put together a panel of people that represented a broad range of disciplines. they convene the leaders from business and industry, academy, and government and the national laboratories. i had the privilege of being a member of that panel. because congress asked for 10 actions that to be taken to shore up universities, restructured our report around 10 recommendations with a time frame of the next 5-10 years. one recommendation focused on policies affecting the flow of international scholars and students to the u.s. more and more international students are inclined to come to our research universities. uva has had a 60% increase in such applications in the last three years alone. that has been fueled largely by applications from chinese students. the u.s. benefits when talented students and faculty come to the country to study and conduct research. the benefit even more if they stay in the u.s. to work after they graduate. it is in our nat
of our own problem getting our own students excited in science and engineering. if we could cut the atransition rate of students in science and engineering, we could meet many of our need in the united states for stem workers. so i think it's important that we have the trust if we address the high skilled immigration issue, we don't do that as a substitute for looking at all these other issue that is still need work. your question ends up being do i trust that congress will do something and track vord not too good. >> one thing i want to say in response to senator warner who i agree with almost all the time which he said the election was a size mick shift. i think it's important that both sides don't overplay their hand. i understand the democratic side of president obama winning reelection and by a pretty significant electoral margin. it also was clear if you looked at the data that the reason for that predominantly was the latino vote. indeed one statistic if mitt romney had gotten the same percentage of latino vote george w. bush got he probably would have won. you have to ge
another crack at that science question. clarify an answer he gave to "gq" when he was asked about the age of the earth. remember, senator rubio took a little grief, saying that he was not qualified to answer the question, calling it, quote, one of life's great mysteries. remember, i'm not a scientist, man, the whole thing. yesterday, mike, i guess you spoke to him as part of the "playbook" breakfast and you gave him a chance to explain that answer. let's listen. >> how old do you think the earth is? >> first of all, the answer i gave was trying to make the same point the president made a few years ago, and that is there is no scientific debate on the age of the earth. i mean, it's established it. pretty definitively. at least 4.5 billion years old. i was referring to a theological debate which is a pretty healthy debate. >> mike, what did you come away with talking to marco rubio yesterday? >> people in the room came away thinking that he was really smooth, really on his game. and this is an example of that. he had that very clumsy sort of dismissive answer when he was asked by "gq" befor
. north korea denies having a nuclear weapons prom but says they do plan to launch one for science and research purposes. >>> now there was violence and clashes between the police and demonstrators who broke through the bashed wire -- barbed wire around that building. protestors are angry about what they call a power grabby the newly elected president and a new constitution which they say rolls back the rights of women, religious minorities and others. >>> in washington republicans are split on how to avoid the fiscal cliff. ktvu house smoker john boehner could be facing an uphill battle within his own -- >> reporter: speaker boehner -- certainly talk here that some republicans could revolt if speaker boehner caves to pressure from the white house to raise tax rates on the wealthiest 2% of americans. and while he's certainly had not agreed to that some are promising to block it. tea party favorite jim says giving into democrats to avoid the fiscal cliff is a temporary solution he's not willing to support. >> republicans should not be conceding the federal government needs more mone
, this is not hard. this ain't rocket science. it would take 15 minutes from the time the decision was made by the speaker of the house to pass and make permanent middle class tax cuts. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> the president and the democrats have the poll numbers on their side. 53% of people approve of the job president obama is doing. 53% trust him to handle the negotiations while just 36% say they trust the republicans in congress. and 65% of voters are with the president on a sticking issue in these negotiations -- raising taxes on household income over 250,000. 31% oppose it. and today a new number is strengthening the president's position in the negotiations. the november jobs report shows the unemployment rate has dropped to 7.7%. the economy added 146,000 jobs last month, and that is one reason why today john boehner kind of, sort of maybe entertained the idea of giving president obama what he wants on tax rates, at least rhetorically. >> even if the presiden
't rocket science. it's just common sense, from td ameritrade. which isn't rocket science. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> we're keeping an eye on dow component boeing. right now the stock is up 23 cents, .33%. one of its new dreamliner jets making an emergency landing. regulators are order rg the entire fleet of 787s to be inspected for fuel line issues. some teething problems perhaps or is this something more serious for the company? our phil lebeau is taking flight for us today in chicago. >> most people i've talked with in the industry believe this is more a case of teething problems as boeing continues
and science and technology. >> yeah, absolutely. that's one of the big things is we want to show how to do science and engineering on the show and we want to make it fun. a lot of this science shows, ten minute noose them, you fall asleep or whatever. that's one of the reasons we blow stuff up, we launch rockets, because we've got to get this next generation of kids interested in doing science engineering and math. >> brian: i still can't get through a whole episode of "electric company." steve, you remember we got in trouble for saying red neck on television? >> steve: right. >> brian: we got written up how numb we were to the people in the south. you're saying red neck is misunderstood. >> completely misunderstood. look up the history of the word. nowhere in its history was it used as derogatory term. it's only been in the last few decades that that's used on tv. in the south, it really is a term of endearment, if you think about it. it's hard work sharecroppers who had to be resourceful. everything they had was on the farm. if something broke, they had to fix it. when we moved the germa
they are breaking up families. the republicans are trying to promote for science, technology and engineering and math, whether it's a high skilled visa or a low skilled advice a whether it's farm workers, domestic workers who clean hotepal this is all immigrant labor, and this apalo has an economic component in addition to the fact that many of their churches are telling them we can no longer side with this anti-immigration position. so it is changing out from under them and i think they are going to look for a way that they can change policy without a political backlash. joons we will be talking more about the upcoming elections a little bit later in the hour. a.b. stoddard, thank you. >> thank you. jenna: serious new concerns about a deteriorating situation in syria. why turkey says the bashar al-assad regime may be coming for it next and what our nato ally says it needs to protect its own people. we have a live report just ahead. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy d
an extension of science and technology, but i wanted to know what it meant to us, to humanity, to us then and to generations in the future, and i wasn't sure, but all i knew is that the world and the earth and the small part of the universe that i was privileged to see was not an accident, that there is a creator of this universe. and i had the opportunity, a few others have to sit on god's front porch and see a small part of it. and that's what i came home w. the science and technology is obsolete the next day, but the spirit, the meaning, and what neil just said a minute ago, it proved that period of time proved that individually and collectively as a nation we dedicate ourselves to a cause, there is nothing, nothing absolutely that we can't do. all we've got to do is decide to do it, whether it's go to the moon or solve the world crisis, forget off this financial cliff, or whatever, we have to be bold, be bold. bill: thank you, gene. really appreciate that. >> god bless. bill: check it out. job well done. check it out. fly me in the moon here on the fox news channel 9:00 eastern t
inventive mind. for the last look. a political science professor likes to point out that in democratic nations highways are full of twists and turns to accommodate property and people. in autocratic they are straight because leaders can bulldoze whatever is in the way to get to a straight line. take a look at this interesting twist on that rule. the builders of this highway in china built their road in a straight line but as you can see the road has a house right in the middle of it. the homeowner refused to budge so they built around him. remember in the run up to the beijing olympics, the authorities tore down houses with abandon. perhaps times are changing in china. on the other hand it could be a fluke. my only remaining question is where is the family's mailbox. the answer is a, the vatican has been a permanent observer state of the u.n. since 1964. the holy sea has full rights in the body, the representative can make speeches, take part in debates. he can do anything except vote. thanks to all of you for being part of my program. i'll see you next week. >>> hello, everyone, i'm d
the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> you're watching cnbc's "squawk on the street" live from the financial capital of the world. the opening bell set to ring in just under two minutes or so. if you want to play the history game looking at the history of the month of december for the markets, some call it meaningless but it is basically the second best month of the year after april. 23 of the past 28 decembers have been up. average of 1.5%. since '90, up 2%. not an insignificant -- santa claus is for real many times. >> many of us have to commit. we're not allowed to own individual stocks but it's uniform gift to minors time. you have to make a contribution. i don't know whether you guys do it. it's a great way to put money away for your kids. that contribution is due now. there are a lot of contributions that are due that you remember to put money to work. in an environment where not people put money to work and people aren't doing anything, you get an influx of retail money. you have to co
it plans to launch a rocket for science and research purposes before december 22nd. >>> u.n. secretary general says he does not favor an asylum deal for assad. in an interview he says anyone who commits human rights violations must be held accountable. he also warned assad today of huge consequences if he decides to introduce chemical weapons into the conflict. secretary of state hillary clinton also warned syria of a swift response from the u.s. if chemical weapons are used. >>> as the fiscal cliff looms president obama is digging in his heels. ktvu alison burns reports the president says the wealthiest americans must pay higher taxes. alison. >> reporter: the president is refusing to agree to anything else unless taxes are raised on the wealthiest 2% of americans. in fact, there are some reports this morning that the president isn't even going to hold any other face to face or one on one meetings with republicans until they cave on that demand. john boehner was at the lighting of the if christmas tree last night. republicans are instead offering to close tax loopholes and limit tax d
... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. playing sports is just. my whole life. looking back, if it wasn't for shriners hospital, things would just be really, really different. i lost my leg when i was a kid. there was a time when i felt like i wasn't going to be able to walk again... it was a pretty bad accident but shriners showed me who i could be again. they turned my whole life around. they call it 'love to the rescue' and it really works. hunter's life is one of nearly a million changed by donations from people like you. send your love to the rescue. donate to shriners hospitals for children today. >> guess its gangnam style. bringing message about fixing the national debt to a new generation with a new ad and new moves. >> stop instagraming your breakfast and tweeting your problems and getting on youtube so you can see gangnam style ♪ ♪ gangnam style. >> and start using those precious social media skills to go out and sign people up on this baby. three people a week. let it grow and don't for get take part or get
's behaving... which isn't rocket science. it's just common sense. from td ameritrade. i wish my patits could see what i see. ♪ that over time, having high cholesterol and any of thesrisk factors can put them at increased risk for plaque buildup in their arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alone aren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. call your doctor rht away if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of rare but serious sideeffects. ♪ is your cholesterol at goal? alk to your doctor aut crestor. [ female announcer ] if you can't afford your medication, astrazeneca may be able to help. >> laura: in th
happens, which isn't rocket science. it's just common sense, from td ameritrade. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? ♪ i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back, everybody, on this friday morning. the futures are still hanging in there. we're looking at the futures just slightly lower at this point. it looks like the s&p futures are down about two points below fair value but, of course, we do have the jo
guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> we'll kick off opening bell in a minute in a half. stocks had good action in shanghai overnight. a four-week high. the only disappointment has been data in europe. the scuttlebutt that some members wanted to cut which has put pressure on the euro today. >> german market up twice what we're up and i think people are shaking their heads that netherlands could be up. we don't see any data whatsoever that europe is doing better but belief that 2013 can't be as bad as 2012. german numbers were not good at all. it's a puzzle. >> we did get an earthquake in northeastern japan overnight. 7.3 is serious. looks like we dodged a bullet on that front as well. doesn't look like there's any damage as a result of that. >> i thought there would be a tremendous rebuilding effort in fukushima. it didn't happen because the ground is contaminated. the first question they asked over there were nuclear reactors apparently safe is the early word. >> we walk in on monday
's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> 2:30 left in the trading day. here is what happened to the dow, the manufacturing report out this morning, disappointed bs back below 50, meaning we're in contraction territory, even when the republicans announced their counterproposal on the fiscal cliff. no real movement there. a couple zigs and zags but we're going out on the low end, about 50 point. we'll quickly show you the charts of the dow, the s&p and the nasdaq, going back for the full year. we're back above the 200-day moving average in all three cases. it's the closest for the dow. we're right at the long-term trend line there. let me show you. i think the s&p is next here. the s&p and the nasdaq are well above their 200-day moving average. move it along, yes. again, these are not precise but you can see it's moving well above that. this is the nasdaq. and the s&p is well above its 200-day moving average. there you are. it's the strongest of those three percentagewise. warren, democrat is typically a pretty good month for equities.
we can. secondly, we have more insight into ourselves. that's the goal of art and science from the millennia. it will give us the models to create intelligent machines to make ursz smarter. our little gadgets make us smarter already, but they'll go inside the bodies and brains and actually expand or thinking. in the near future we'll have search engines that anticipate what you want, answer your questions before you ask them, things like that. >> so in your book you talk a lot about the law of accelerated returns and pattern recognition theory of the mind. can you explain what those two things are and how they talk about the brain? >> the wlau of accelerated returns is the information technology, which includes computers and communications and biological technologies but including understanding our brains is progressing expo tentally. doubl doubling in power every year. we can see inside a living brain with exquisite precision and see your thoughts kraetd your brain. that's part of the secret of human thinking. the recognition of theory of mane is the neokcortex, is base on rec
isn't rocket science. it's just common sense. from td ameritrade. >>> about three minutes left. again, the major averages, we haven't seen a lot of volatility today. the markets really taking in stride the lack of progress in the fiscal cliff negotiations because there are no negotiations right now. here's the dow today. a little volatility in the open today, essentially sideways. there are other markets that have moved today that i want to show you. the yield on the ten-year went down today. part of operation twist to keep rates low on the long end of the yield curve. we're down to 1.60%. other traders were in there buying treasuries following on the fed's coat tails. another market moving right now, gold. back below $1700 an ounce. this happened last december as well when there was some profit taking at that time, maybe to try and beat out the tax consequences. we're down 1.4%, a decline of $23. we'll watch that carefully to see if now we're below this psychologically important level. the vix, the fear indicator, went higher today. we're still below considered yellow flag territory.
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science. it's just common sense. from td ameritrade. so, the 5.3-liter v-8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer power? [ laughing ] [ stops laughing ] [ male announcer ] chevy's giving more. this holiday season, trade up to get the 2012 chevy silverado all-star edition for 0% apr financing for 60 months plus $2,000 cash allowance or get a total value of $9,000. >>> welcome back. pandora a story today. the stock sinking after a disappointing earnings outlook. julia boorstin spoke to the company's ceo. she has the story. >> maria, pandora's earnings may have beaten expectations, but all investor ts care about is ty reduced their fourth quarter guidance, projecting an adjusted loss of as much as nine cents per share, sending the stock down as much as 20% earlier today. the ceo warned he expects advertisers to be20%. they expect advertisers to be particularly cautious about spending in january. >> we did reduce guidance. i think it's very prudent because of this unique situation we have in which we're sensitive to the mix of ad spend in january as
to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> about 90 seconds left. going off the highs of the session. we pointed this out earlier. the french and german stock markets today closed at 52-week highs. look at that. highest they've been all year. our market, not the same. the dow is below the highs that were set back in september. i want to ask michael shay what's holding us back, fiscal cliff or what? >> at this point, we're finally all fiscal cliff. the last two or three weeks has been fiscal cliff. >> would we be higher if we zrpt that distraction? >> i think absolutely. the equity markets would be. i think the bonds market is still pricing in a lot of stress over in europe. that's why you're getting a little bit of this divergence. we talked about this earlier. if you look where sectors are trading right now, after we got the bounce on the 19th, there are several sectors doing far better than where they were on election. >> that's true. you know what? we've been so focused on the fiscal cliff, we haven't thought about the jobs number coming ou
, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> time for some q & a. just over three weeks to make a deal and lawmakers in washington continue to push america's economy toward a fiscal cliff. both sides promising to cut trillions in government spending over the next decade but republicans insist it could be done without raising taxes on the rich. president obama ib cysts it's a nonstarter. it's a mess. no one can argue that. what happens if there is no deal? are we, as some argue, making too much of the fiscal cliff deadline? would it be a catastrophe to hit it, go over it? maybe for a while. joining me from london, the host of quest means business on cnn international. i have 60 seconds to set you straight on this. i'll go first. [ bell ringing ] all right. it could be catastrophic if congress doesn't get a deal by january 1. the government will try to soften the blow of spending cuts and tax increases. they could delay the withholdings that people pay though tax rates are going up or they cou
... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome back to "power lunch." i'm courtney reagan with a quick "market flash" for you. we want to take a look at shares of apple. we've been watching them very closely. it now appears we are at that death cross. that means with today's decline, apple's 50-day moving average is now below the 200-day moving average. apple's shares down 2.6%. >>> ibm drawing fire over its plan to overhaul its 401(k) program. the "wall street journal" says ibm now plans to contribute a lump sum once a year payment, end of the year, to employee accounts instead of making those contributions twice a month. if other companies follow suit it could have huge implications for investors. joining me now to discuss this, bob pisani and john carney of cnbc. gentlemen, welcome. bob, i get how this is not helpful to workers. you lose the benefits of any dollar cost averaging. you may be ending up getting a lump sum at the end of the year. and if you leave the company before the end of the ye
and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ stuart: call it how it is. it is a quiet day for the markets. some individual stocks are moving, but not much. let's start with apple. the iphone5. china will get it. stock getting back very close to $600. it hit a low of 505. this is a company that makes the ugg boots. it is that $40 now. myriad genetics is down just a little. it could be huge for the company depending on what the supreme court decides. check the overall market. the dow jones industrials going nowhere. we are down 11. back in 90 seconds. ♪ the value of quality time and personal attention. which is why we are proud to partner with halth care professionals who understand the difference that quality time with our meers can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, armacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only nati
straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. to provide a better benefits package... oahhh! [ male announcer ] it made a big sp
change between natural gas and coal is still somewhat a question mark. it looks based on most science we have now cleaner than coal, but we just don't know. we don't know a lot about the local impacts and how long these prices stay low or how long the wells last. there's a lot wi don't know about it, and it's moving so quickly. i think that's why you see a lot of of this. >> there's a lot of fear. >> and you're someone who is familiar with this. you live in upstate. you consulted for the oil and gas industry and you're a toxicologist, right? what are the fears you hear, and what's yue feeling about how people are understanding the process? >> people are not understanding the process at at all. the information is out there. the industry has been doing this for a while. they have the information, but the problem is a lot of people don't believe what the industry says. so even if the industry -- >> which is not ridiculous. let me just say it for the record, right? this is just as a basic kind of -- i think you're right. what ends up happening is you get this debate, right? the natural gas c
and minority students in science and technology. google says this is underfunded among nonprofits. >>> well, light-rail service in los gatos will be talked about. they want to extend the light- rail service from winchester station in campbell to los gatos. it would cost about $175 million. the v.t.a. wants your opinion. a public meeting begins at 5:30 tonight. it will be at the campbell public library. >>> let's check in with tara who is following a few incy dents in the daly city area. >> that's right. we do have a couple of accidents. we can show you exactly what we're talking about. skyline boulevard south we have an incident right a -- an incident right there. and we have an accident 280 southbound from the john daly boulevard exit down to westborough boulevard and that's also causing some delays there. up next, we have a look at the san mateo bridge where -- i have no idea what the reason is because there's no accident whatsoever across the span but it's stop and go. it's been like this for at least, i would say, 45 minutes. so that's westbound traffic on the right-hand side as you mak
into education, into science, into infrastructure as well and he'll be talking about the infrastructure initiatives including more must be for small to medium size businesses, more money for power stations as well. but it really looks like he's got very little room for maneuver. the opposition, he'll get that and say this is your fault, these are your policies. mr. osbourne will turn around and say look what's turning around you. look what's going on in the financial sector. look what's going on in the eurozone as well where unemployment is actually on the surface much worse than it is in the united kingdom. so it's going to be the usual ding dong battle of theatre. but i doubt we'll see many new initiatives that haven't been leaked already, ross. >> yeah, you only have to read the papers today and everything seems to be in there. i think you've done a very good two and a half-minute analysis of everything we might get. well-done. we'll come back to you later. get a cup of coffee, stay warm. julian joins us with his own thoughts. steve got into all the details. he's laid it all out for
having a nuclear weapons program but claims it will launch a rocket for science and research projects before december 22nd. >>> u.n. secretary-general moon says he does not faber an asylum deal for president assad, even if it meansen ending the conflict in syria. he said anyone who commits human rights violations has to be held accountable. now, the secretary moon also warned of huge consequences if assad decides to use chemical weapons in that crisis. secretary of state, hillary clinton, also warned syria of a swift response from the united states if chemical weapons are used. >>> well, today in egypt, supporters and critics of egypt's president have been throwing rocks at each other and fighting with sticks right outside of the presidential palace. thousands of protesters marched. muhammed morsi left as the crowds got bigger. protesters are angry -- angry about a power grab by the new president. >>> president obama is making a plan to avoid the fiscal cliff. these are live pictures of the president at the business round table. he will be speaking later today to a group of native-ame
: coming up, you hear about it all the time. seniors falling victim to fraud. now there is science that explains why. then he was the first living person to be awarded the medal of honor in decades. he's telling his story. he's hanging out with pete, the guy who got his home fixed after the storm [ penélope ] i found the best cafe in the world. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? often comes with a set of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows... to let you do more than you ever imagined on your smartphone. exclusively with data sense-- a feature that makes the most of your plan. only on verizon. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and mo
. caller: c-span could put on actual science. i think there is a lot of magical thinking on the part of democrats here. first of all, they are assuming if they raise the taxes on this one%, it will not affect the jobs and the companies that they work for. nor would it affect the customers they have. what are the percentages of the most important job creators around? how did you identify them? they had no clue. i think the other aspect of magical thinking is that in the noise and the signal, nate silver pointed out previously a 12% rise in gdp might ake for a 2% rise in employment. in 2005, we got 3.5 million jobs lost. it is a fantasy to believe that the president's spending is going to make employment rise more. recently, there has been an article by a harvard university law professor who says if you are going to do this thing, it is more important to make all the fiscal cuts them back as greece and spain know, when people do not trust your debt, weak issue too much debt. if everyone heads to the door like china and other is, our debt is really going to go up. host: should the raisi
. jekyll technology parts. >> science, technology, engineering and math are fundamental to the growth of the economy and the united states obviously has work to do, my oldest daughter is doing her doctorate in math. there's a substantial contribution to national security in any case. with respect to the dr. jekyll and mr. hyde bit, economic growth is fundamental and innovation is the key engine for that and freedom is the foundation for that. i think we will see this play out in interesting ways globally including within china, and as we work to have a very open system economically and take advantage of technology, we also need to look at what needs to be done to deal with the threats of not just cyber but biotech and so on and look at doing that in partnership, and the partners we look at, and a substantial conversation about the rules of the road in cyberspace, we do that with many others, a fundamental issue. >> got a little bit from global security, the issue of the islands is primarily an issue of energy, and we are seeing it all over the world today, we don't have good mechanism
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